Statement from the CEO

In Trans-it we are committed to do our business in a manner that promotes a safe, secure and healthful workplace for our employees and contractors and protect the environment. At the same time, we are focused on constantly being a valued supplier to our customers. We will continue to be a valued member of and are engaged in the communities in which we operate.

With our Code of Conduct we highlight our commitment to maintain and further develop and improve our focus on a healthy and respectful company culture and daily supportive and professional behaviour in all aspects.

We believe that Health, Safety, Environmental and Security (HSES) performance is a primary measure of our company's success and with this focus we expect that our customers, partners and other stakeholders are conducting their business with a similar centre of attention. We believe in and follow the principles of UN Rule of Law and Human Rights.

Bjørn Jensen, CEO and Partner, 2023

Our Commitment

• Being leading providers of logistic services, we commits to providing our customers with the best quality service available in the industry today. That requires a clear focus on our daily behaviour.

• Our core values should be clearly reflected in our culture and daily behaviour when conducting our business and in the way that we treat colleagues, customers, suppliers, agents and all other stakeholders.

• We are committed to comply with all applicable laws and rules as well as all our internal procedures and guidelines.

• Trans-it have implemented a Quality Management System (QMS) which includes procedures related to the Code of Conduct of the company.

Environment and Climate

• We acknowledge a responsibility to the environment and express our commitment towards implementing practices which will promote environmental sustainability.

• Management of the environmental aspects of our company, with specific focus on the conservation of resources and the reduction of waste are in focus.

• All operations in our company will be continually reviewed and improved, so that we will truly be able to integrate environmental and social considerations into our everyday practices. The company will consistently strive to raise awareness in the community, encourage participation and train employees in environmental matters.

• We assist our customers to uncover their CO2 emission for every shipment through all transportation modes and thereby support their ability to be in control of the environmental impact.

 Health, Safety and Security

• We wish to protect our colleagues and conduct our business in a manner that promotes a safe, secure and healthful workplace for our employees and contractors.

• Our colleagues and guests are always treated in accordance with highest safety standards and we are committed to continuously being a valued member of the communities in which we operate

• The leadership of Trans-it is setting direction and encourage all employees to act as role models for each other to ensure that a healthy and safe environment is created and maintained.

Diversity, Tolerance & Human Rights

• We treat all colleagues, customers, suppliers, agents and all other stakeholders with respect, dignity, fairness and courtesy. That includes respect for their culture, religion, gender and personality in general.

• We maintain a working environment that is free from any discrimination and harassment.

• Human rights are fundamental in our society and should be protected at all time. We believe in and follow the principles of UN Rule of Law and Human Rights, which includes the UN Convention on Rights of a Child which implies that Child labour is forbidden.

Community Engagement

• The company is committed to make a positive impact in the community as far as possible and are endeavouring being engaged in the development of community activities.

• Community engagement in the company can for instance be our engagement and support of local ‘plastic clean-up’ activities in the waters of Copenhagen and supporting sporting activities in our neighbourhood.

Board of Directors & Management

• Trans-it is managed by a board of directors consisting of 3 to 5 members elected for 1 year at a time at the annual general meeting.

• The board of directors will appoint an executive board consisting of one or more members.

• The Company is bound by an executive officer or a member of the board of directors.

• All shareholders of the company are entitled to vote at the annual general meeting.

Ethical Behaviour & Anti-corruption

• We are committed to ensuring adherence to high ethical and legal standards which includes observance of all applicable law.

• We donot accept to receive or provide any offering, promising or acceptance of any advantage as a motivation for unethical or illegal action of any kind. This includes any kind of fraud and misuse of Trans-it resources.

• We protect the name and reputation of Trans-it and will at all time protect any and all resources of Trans-it.

• We treat our customers, suppliers, agents and all other stakeholders with respect and the conduct of our business is done with full observance of our core values.

Suppliers Code of Conduct

• The Trans-it ‘Supplier Code of Conduct’ is a part of our complete commitment to a proper business conduct. The code is set out and communicated to ensure that our suppliers share our values and focus on a high standard of social responsibility.

• See: The full wording of ‘Supplier Code of Conduct’

General Data Protection Regulation (GDPR)

• We observe all applicable law to ensure that data is properly protected in a safe and responsible manner.

• Detailed GDPR – data protection policy is found in a separate document.

• See the GDPR Policy of Trans-it, December 2020

Cyber Security

Our Cyber Security Policy establish and maintain a secure computing and information environment for the organisation, its clients, and suppliers, and to protect against unauthorized access, loss, or damage. This policy applies to all employees, contractors, consultants, and other workers at the organisation, as well as any third-party representatives accessing our systems.

See: The full wording of our ‘Cyber Security Policy’

Reporting of non-compliance

In case of any observations of non-compliance or suspected non-compliance of policies implemented in Trans-it, CEO of Trans-it AS must be promptly notified. Alternatively the Board of Directors may be contacted.

CEO Bjørn Jensen: mobile: +4790999770, email: bjorn@transit-dk.com

Board of Directors:

Jens Klarskov, Chairman of the Board

Mobile: +4523324041, email: jens.klarskov@transit-dk.com

Helle Lehmann, Board member

Mobile: +4540326351, email: helle.lehmann@transit-dk.com

Bjørn Jensen, board member:

Mobile: +4790999770, email: bjorn@transit-dk.com